Which of the following is not a possible implication of federal budget deficits?
a. Crowding out
b. Increased interest rates
c. Inflation
d. Increased trade deficits
e. Depreciation of the dollar
Question 2
If the aggregate demand curve shifts rightward, then _____.
a. the price level increases and output decreases
b. the resulting increase in the price level is usually called cost-push inflation
c. the resulting increase in the price level is usually called demand-pull inflation
d. the price level increases as long as the aggregate supply curve shifts leftward
e. the price level decreases and output decreases
Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Annual Federal Deficit (or Surplus), 1992–2016
Unemployment and Federal Action, 1929–1941
Jet streams and Earth’s heat budget
The energy budget